Bombardier Inc
			Symbol			BBD.B
			Shares Issued			1,438,236,606
			Close 2009-11-26			C$ 4.60
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Bombardier to decrease CRF production, save on jobs

2009-11-26 09:10 ET - News Release

Mr. Marc Duchesne reports

BOMBARDIER ADJUSTS ITS CRJ AIRCRAFT PRODUCTION RATE

Bombardier Inc. will reduce its CRF aircraft production rate, as it believes the current economic environment and airline industry continue to make it difficult to gain new aircraft orders, particularly for the CRJ aircraft family.

The adjustment to the CRJ aircraft production rate will result in the layoff of approximately 715 employees in Bombardier Aerospace's facilities in the Montreal area, starting January, 2010, through to the first two quarters of the next fiscal year. The adjustment to the work force level also includes a small number of layoffs related to the decrease in the Bombardier 415 amphibious aircraft production rate. Severance costs associated with this latest reduction in the employment level are approximately $10-million (U.S.). This is in addition to the approximately 4,360 layoffs previously announced this fiscal year for Bombardier Aerospace worldwide.

"There are not enough projected CRJ aircraft sales to maintain the current production plans," stated Guy C. Hachey, president and chief operating officer of Bombardier Aerospace. "Although we are in discussions with several airlines, we had to finalize our aircraft delivery schedule for the next fiscal year. We fully recognize the impact this additional work force reduction will have on our affected workers and their families. We continue to invest in current and in future products, including the CRJ1000 NextGen, Learjet 85 and CSeries aircraft programs. In September, we broke ground for the first building of our new CSeries aircraft Mirabel facility, which will be used for ground testing and certification activities. More recently, we celebrated another major milestone in the CSeries aircraft program as construction got under way on our new state-of-the-art aircraft wing manufacturing and assembly facility in Belfast, Northern Ireland."

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